European stock markets edge lower on German manufacturing data

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Source: Bloomberg
The Stoxx Europe 50 index lost 0.05% to 2,476.67 points on early London trading session. European markets slip following yesterday's 1.7% decrease. European benchmark has almost erased its gains since the EU bank announced a bond-purchase program. Stocks show a negative performance, as German manufacturing index was 45.7, which was below analysts' estimations, indicating  manufacturing contraction of the biggest EU country.
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Wed, 24 Oct 2012 11:53:42 GMT

Asian markets decline on global economic slowdown and commodities losses

The MSCI Asia Pacific Index slipped by 0.5% to 122.02 in the end of Asia trading session on the concerns that global economy slows down and new issues on Europe's credit crisis. Commodities related companies declined, as commodity prices erased this year's gains on speculation that demand will decrease due to the struggling global economy.

Wed, 24 Oct 2012 09:30:43 GMT

Wall Street opened in red on Tuesday

US stocks plunged during Tuesday's risk-off trading after Moody's downgraded credit rating on five Spain's regions. The market sentiment was also dampened by weak corporate results of the S&P 500 majors. Meanwhile, investors remained cautious ahead of the FOMC meeting and flesh PMI readings due later in the week. The S&P 500 Index tumbled 1.44% to close at 1,413.11. All

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